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\begin{tabular}{lccc} \hline
 & (1) & (2) & (3) \\
VARIABLES & Emp Constr pc & Migr South pc & Emp Constr x Migr South \\ \hline
 &  &  &  \\
Z Constr Emp & 0.017*** & 0.050*** & 0.019*** \\
 & (0.006) & (0.008) & (0.005) \\
Z for Migr & -0.104*** & 0.702*** & 0.305*** \\
 & (0.023) & (0.023) & (0.037) \\
Z Constr x Z Migr South & 0.009 & -0.086*** & 0.005 \\
 & (0.006) & (0.009) & (0.007) \\
 &  &  &  \\
Observations & 11,922 & 11,922 & 11,922 \\
Number of municipalities & 5,961 & 5,961 & 5,961 \\
City Decade FE & Yes & Yes & Yes \\
SW F-Stat & 19.86 & 93.87 & 81.71 \\
 A-R Wald test & 28.10 & 28.10 & 28.10 \\ \hline
\multicolumn{4}{c}{ Robust standard errors in parentheses} \\
\multicolumn{4}{c}{ *** p$<$0.01, ** p$<$0.05, * p$<$0.1} \\
\end{tabular}
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